In QuotedData’s morning briefing 13 August 2020:
- Riverstone Credit Opportunities Income (RCOI) has announced its interim results for the six months ended 30 June 2020. During the period, its NAV per share has fallen by 1.0% to US$1.004 (31 December 2019: US$1.014), although the company made a profit of US$2.46 million. RCOI has announced the interim dividend for the period ending at USc1.8 per share. This is payable on 25 September 2020 to holders on the register at the close of business on 21 August 2020.
- JPMorgan American (JAM) has published its interim results for the six months ended 30 June 2020. During the period, JAM provided an NAV total return of 2.7%, a share price total return of 0.3%, which it says compares against a 3.8% increase in its benchmark, the S&P 500 Index (all figures in sterling terms). JAM’s Board says that is aiming to pay out a total dividend for the financial year of at least 6.5 pence per share, unchanged from that paid in respect of the 2019 financial year. it is declaring a dividend of 2.5 pence per share (2019: 2.5 pence) for the first six months of this year, which will be payable on 2nd October 2020 to shareholders on the register on 28th August 2020.
We also have details of Hipgnosis Songs Fund‘s purchase of No I.D.’s Catalogue and details of a revised offer from M&G Investment Management for UK Mortgages Limited of 70p per share.